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Iraq
Monday, June 1, 2026

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Iraq Oil Crude Drops Over 2% Despite Global Oil Price Stability

Iraqi oil prices fell sharply on Tuesday, reflecting ongoing pressures in global energy markets despite a temporary pause in international crude price declines. The...

Gold Prices Hold Near Highs as Fed Rate Cut Bets Rise

Gold prices remained steady on Tuesday, staying close to their highest level in over a week. The market drew strength from growing expectations of...

Oil Prices Drop as OPEC+ Hike Fuels Oversupply Concerns

Global oil prices continued to fall on Tuesday, pressured by fears of oversupply and weakening demand. The decline followed OPEC+’s decision to increase production,...

Iraq Cracks Down on Price Gouging with Over 1,200 Arrests

Iraq has launched a sweeping campaign to stop price manipulation across the country. Since early July, authorities have arrested more than 1,200 people involved...

Iraq Launches Five-Year Plan for Growth and Infrastructure

Iraq has introduced a major development roadmap to guide the country through 2028. The new Iraq five-year development plan targets economic growth, infrastructure upgrades, and long-term...

Iraq Backs $2.5 Billion Seawater Pipeline Under China CPEC Project

Iraq has taken a major step in energy infrastructure by awarding a major pipeline contract to a Chinese firm. The country approved a $2.5...

Iraq Approves Projects to Boost Reconstruction Efforts

Iraq continues pushing forward with its national rebuilding strategy by approving fresh development projects across several vital sectors. These new efforts reflect the country’s...

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